Wow! The sky is falling and its raining low interest rates!! I know we've all been hearing about the "historically" low interest rates for years now but OMG for qualified buyers, money is practically free! Did you know you could lock in a 30 year fixed rate conforming mortgage right now, pay no points, and most likely very little closing costs for 4%? Thats FIXED for 30 years people!! Heck you can pay 1 point & get yourself a 3.75% fixed rate on a 30 year fixed.
I always hear people tell me how they are waiting for the right time to buy, well I sure don't have a crystal ball but I can tell you NOW is the best time I have seen in over a decade that I've been an agent! With prices down 30-40% from the peak, a healthy amount of inventory to choose from, and THE lowest 30yr fixed mortgage rates in the history of our country, how could you not be racing out to buy now?
My Savvy investors are scooping up discounted properties like ice cream! Its about time all of you fence sitters get down before you get splinters in your behinds.
If you need some guidance or would like to be introduced to some of the TOP mortgage professionals the industry has to offer, please feel free to call me anytime! I'm looking forward to celebrating with you on your hot deal on a great property & ridiculously amazing rate/terms on your loan!